Top Cryptocurrency to Invest in Now, as Significant Bitcoin Investor Increases Ethereum Purchases

In the dynamic world of cryptocurrencies, two projects have recently caught the attention of investors and analysts alike: Wall Street Pepe and Bitcoin Hyper.

Wall Street Pepe, initially launched as an Ethereum-based meme coin, offers its holders access to a trading insights ecosystem. Inspired by Pepe the Frog and The Wolf of Wall Street, this multichain meme coin currently boasts a valuation of $12 million. The team behind Wall Street Pepe has recently reignited momentum by announcing a strategic token migration to Solana and a corresponding NFT collection, which has sparked a surge of interest and a rally in the $WEPE price.

Meanwhile, Bitcoin Hyper, a promising Bitcoin layer 2 blockchain, aims to provide fast transactions, seamless interoperability, and support for smart contracts without sacrificing Bitcoin's security. Designed to address Bitcoin's scalability and functionality issues, Bitcoin Hyper uses ZK-rollups, Solana Virtual Machine (SVM) execution, and a trustless canonical bridge. The presale of Bitcoin Hyper has raised around $13 million, and it has attracted the interest of a well-known Bitcoin whale, who recently bought $1.1 billion worth of Ethereum, increasing their Ethereum holdings to over $2.5 billion. This whale, known for their strategic investments, has also shown interest in Bitcoin Hyper, contributing to its growing popularity.

The increased demand for Ethereum is not limited to this whale. Corporate treasuries have added 247,033 Ethereum over the past week, reflecting a growing institutional interest in the cryptocurrency. The whale's recent Ethereum purchases have contributed to Ethereum's 1% increase today and its 13% increase this month, while Bitcoin has decreased by 8.5% this month.

Interestingly, the Bitcoin whale has also been active on Hyperliquid, a layer 1 blockchain known for its low latency, deep liquidity, and wide range of tradable tokens. Lookonchain has tracked the whale's activities and noted that they deposited 1,000 BTC to Hyperliquid, sold it, and bought Ethereum spot.

Another company, Sonnet, a struggling biotechnology firm, has also purchased $888 million worth of Hyperliquid's token ($HYPE) for its corporate treasury. This move could signal a broader acceptance of cryptocurrencies by traditional businesses.

As we move forward, both Wall Street Pepe and Bitcoin Hyper are poised to ride the upcoming bullish altcoin wave. Wall Street Pepe, with its exposure to both the Ethereum and Solana ecosystems, could be one of the top meme coins to watch. Meanwhile, Bitcoin Hyper, with its unique approach to addressing Bitcoin's scalability issues, could provide a compelling alternative to Ethereum and Bitcoin for those seeking faster transactions and increased functionality.